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Author Topic: Hidden team members or not make any difference?  (Read 1024 times)
Festac
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November 16, 2020, 07:12:51 AM
 #121

I don't trust new projects with anonymous team members but that doesn't stop me from checking the project use case out, if the use case is neat and very attractive I would definitely give a try, we can never tell, anonymous teams doesn't always mean scam.

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November 16, 2020, 07:24:16 AM
 #122

I don't trust new projects with anonymous team members but that doesn't stop me from checking the project use case out, if the use case is neat and very attractive I would definitely give a try, we can never tell, anonymous teams doesn't always mean scam.
I also dislike anonymous projects but still invest when I feel they are very potential projects. Many non-anonymous teams are still professional scams, but projects with team information transparency are still better.
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November 16, 2020, 07:30:14 AM
 #123

The projects with hidden team members always look suspicious to me so without knowing the identity of team we must not involve in any project although it doesn't matter that the team is hidden or visible if their intention to do scam so they will do in any way unfortunately we can't do anything except take risk with deep research or it's better to avoid investing in the project.
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November 16, 2020, 07:32:15 AM
 #124

It makes sense that majority if the project successful now has an anon team, that is the point of crypto currency right? Anonymity is the core of crypto currency, it doesnt make a difference with a known team but the progress is slow and complicated its near to being useless just being frank.
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November 16, 2020, 07:47:08 AM
 #125

It makes sense that majority if the project successful now has an anon team, that is the point of crypto currency right?
what about those who are only succesful in scamming that is true that the point of crypto is for anonymous transaction but that anonimity feature was only created for the users of the coins and not for the creators .

its not bad for the creators to expose thier selves because they can get recognitions after that or when the time that their piece became mainstream but hidden teams or not , the success depends on the willingness and not for thier appearances .
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November 16, 2020, 09:03:10 AM
 #126

I don't trust new projects with anonymous team members but that doesn't stop me from checking the project use case out, if the use case is neat and very attractive I would definitely give a try, we can never tell, anonymous teams doesn't always mean scam.
True, but most of what happens to the anonymous team is that it ends up in a scam, although not all of them are scams, but everyone should always be vigilant in trusting an anonymous team, because when you are cheated it is clear that you will regret it later and it will be useless.

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November 16, 2020, 02:38:52 PM
 #127

To me, the projects that are currently raising funds through ICOs, IEOs or DEFI are being held as startups and they need capital. There is no guarantee that they will succeed or persevere to develop their projects to the end.
Projects with successful anonymous teams carry great risks even though they create products. The most important thing for a cryptocurrency project is the source code. If the source code does not have the creativity or solves new problems, it does nothing.
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November 16, 2020, 03:01:03 PM
 #128

Taking a gander at the site and whitepaper, their guide and token economics and what they have accomplished preceding the ICO would assist financial specialists with facing determined challenges. Since there were countless tricks coursing, these days individuals are continually mentioning objective facts about the group, and that is one approach to help whether the task can be trusted.
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November 16, 2020, 05:05:10 PM
 #129

Nope I don't like the idea that the team are going anonymous, it doesn't had any reputation to the project, I will only let it pass if the project is a privacy coin only, too many scammers are taking advantage of investors today I definitely will prefer visible team members

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November 16, 2020, 05:14:31 PM
 #130

It's crypto space for crying out loud, a place where anything is possible, projects with anonymous teams can do better than projects with teams that show faces to the public, scammers can show the world what they look like and still scam you in the process

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November 16, 2020, 06:25:38 PM
 #131

Right now there are many DeFi projects that have hidden teams and are not very transparent. They don't even have a whitepaper and website. To me, a project like this is a sign of a scam. But sometimes some are good because they have a large community, so they decide not to scam.

But still prioritize projects that provide transparent project information and clearly have a purpose even though they hide the team. I don't think that's a problem and become a more viable project than projects that don't have anything.
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November 16, 2020, 06:49:12 PM
 #132

Hidden team members in any project, this is the question mark on project ? is this project really legit?
Well real projects never hide anything related project like team members background, their experience these things can attract investor to project.
If team already hide from project then this kind of projects never last long in crypto field and fall becomes project destiny.   
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November 16, 2020, 07:57:07 PM
 #133

Hidden team members in any project, this is the question mark on project ? is this project really legit?
Well real projects never hide anything related project like team members background, their experience these things can attract investor to project.
If team already hide from project then this kind of projects never last long in crypto field and fall becomes project destiny.   
Having hidden team members would result in doubt of the one who sees the project that can result in the distrust of the whole community. We do know that good projects didn't hide their team identity at the start of their projects that made the idealism of having a project that hides the team member's identity will have a high chance of making unethical business scenarios such as scamming and also make the community suspicious of the project. Revealing the projects team identity isn't a requirement but it is the standard to make the project successful.
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November 16, 2020, 08:03:27 PM
 #134

There are various kind of old crypto projects that has no team but still they are among the best projects today, I believe this happened because many old projects followed the footstep of Bitcoin, bitcoin would have been in tougher situations if the team or ceo is public I believe but today it's a complete different story or should I say experience? Since the birth of ICO we've seen tons of scam projects that aren't scared of revealing their faces even when they knew they are going to exit scam on investors fund, so for me hidden team members or not still doesn't make a difference..

for me hidden team members or not will make a lot of difference mate
because personally i will learn about the team members and read the whitepaper first before investing in any crypto
and for me man behind the project is the most important things in any crypto project buddy
regards
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November 16, 2020, 08:03:34 PM
 #135

Knowing members might not be really important fif a project is built to solve a real world need. You will see that token will be followed by people religiously. All team members need to is keep improving on the project
Not should easy thinking because hide team members means those projects make scam at anytime so nobody can't trust easy. This time we received lot of scam project so must be needed more analysis about a project when you gonna Investment. Although in my opinion for analysis a project one strong step clear team members profile.
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November 16, 2020, 08:13:05 PM
Last edit: November 16, 2020, 11:06:31 PM by seleme
 #136

Depending on the project and the minimum threshold set by the team. If the team asks for a high investment amount for an anonymous altcoin project, it can worth to invest but for similar projects that exist in the crypto industry, it doesn't worth spending money on. Obviously, common sense is enough to eliminate the bad projects hiding behind the anonymous team. If the hidden team doesn't disclose the identity of the members, in the worst case all investors will be scammed and the anonymous team will be part of another scam project.

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November 16, 2020, 08:37:58 PM
 #137

Hidden team members in any project, this is the question mark on project ? is this project really legit?
Well real projects never hide anything related project like team members background, their experience these things can attract investor to project.
If team already hide from project then this kind of projects never last long in crypto field and fall becomes project destiny.   
It's also good to see the team by themselves explaining their very own projects to see how well they understand their own projects, how they wanted to see it in the long run. I really enjoy watching videos of teams from defi projects in YouTube during quarantine as they explain their products uses, importance and goals. It's not enough that they know their name, much better if they really show their identity by that we will know how serious they are in what their doing.

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November 16, 2020, 09:13:30 PM
 #138

Hidden team members in any project, this is the question mark on project ? is this project really legit?
Well real projects never hide anything related project like team members background, their experience these things can attract investor to project.
If team already hide from project then this kind of projects never last long in crypto field and fall becomes project destiny.  
It's also good to see the team by themselves explaining their very own projects to see how well they understand their own projects, how they wanted to see it in the long run. I really enjoy watching videos of teams from defi projects in YouTube during quarantine as they explain their products uses, importance and goals. It's not enough that they know their name, much better if they really show their identity by that we will know how serious they are in what their doing.
I worked for those projects who provided team members identity but in the end they deceived, I don't know how they handle all this ?
check out bcnex.net (maybe you know about it already) this project as they were announced that they collected $28 million (huge amount) many investors deposited funds on their exchange.
they closed withdrawal and in few weeks they disappeared.
I want to say that they were real, they provided identity but what happened we lost funds and they are enjoying with our money.
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November 16, 2020, 10:39:55 PM
Last edit: November 16, 2020, 10:50:41 PM by makishart
 #139

It's crypto space for crying out loud, a place where anything is possible, projects with anonymous teams can do better than projects with teams that show faces to the public, scammers can show the world what they look like and still scam you in the process
I think that you are forget to mention that if the percentage successful coins that have published the identity of developers were far greater compared with the project that didn't publish the identity of developers.
The investors will always try to invest in a project that was putting the transparency at the top of everything. People have needed to know which people who developed the project and the track record of the team.

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November 16, 2020, 11:16:58 PM
 #140

Hidden team members in any project, this is the question mark on project ? is this project really legit?
Well real projects never hide anything related project like team members background, their experience these things can attract investor to project.
If team already hide from project then this kind of projects never last long in crypto field and fall becomes project destiny.   
It's also good to see the team by themselves explaining their very own projects to see how well they understand their own projects, how they wanted to see it in the long run. I really enjoy watching videos of teams from defi projects in YouTube during quarantine as they explain their products uses, importance and goals. It's not enough that they know their name, much better if they really show their identity by that we will know how serious they are in what their doing.

For projects that do token sales, I think we really need to know the developer team so that we can be vigilant when making investments. The team that appears to show investors that they have experience in the field of projects being carried out so that investor confidence increases.
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